Lower growth and higher rates will weigh on African issuers
Moody's Talks - Emerging Markets Decoded
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The Bright Spots in Africa
Moodies: Africa is a resilient continent. It's not like we haven't dealt with interest rates before. Food security, David picked up on that is a massive issue in Africa. If you get another locust problem in East Africa, next year, inflationary prices are going to be huge. So I would look at that from a risk perspective. But we are seeing some bright spots.
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